{"id":196,"date":"2006-10-20T20:50:46","date_gmt":"2006-10-21T00:50:46","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=196"},"modified":"2006-10-20T20:50:46","modified_gmt":"2006-10-21T00:50:46","slug":"october-20-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=196","title":{"rendered":"October 20, 2006"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n
Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version<\/strong><\/td>\n<\/tr>\n
Index<\/td>\nMean Current Yield (at bid)<\/td>\nMean YTW<\/td>\nMean Average Trading Value<\/td>\nMean Mod Dur (YTW)<\/td>\nIssues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n4.13%<\/td>\n4.05%<\/td>\n45,792<\/td>\n10.66<\/td>\n2<\/td>\n0.0000%<\/td>\n1,019.9<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.97%<\/td>\n3.92%<\/td>\n172,087<\/td>\n8.72<\/td>\n7<\/td>\n0.0003%<\/td>\n1,025.8<\/td>\n<\/tr>\n
Floater<\/td>\n4.53%<\/td>\n-15.72%<\/td>\n76,426<\/td>\n6.50<\/td>\n5<\/td>\n0.0159%<\/td>\n1,018.0<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.67%<\/td>\n1.89%<\/td>\n86,957<\/td>\n2.39<\/td>\n17<\/td>\n0.0504%<\/td>\n1,018.7<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.94%<\/td>\n3.73%<\/td>\n161,563<\/td>\n3.29<\/td>\n11<\/td>\n0.1058%<\/td>\n1,022.4<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.89%<\/td>\n5.02%<\/td>\n56,288<\/td>\n2.00<\/td>\n7<\/td>\n-0.0132%<\/td>\n1,022.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.09%<\/td>\n3.91%<\/td>\n213,242<\/td>\n4.23<\/td>\n47<\/td>\n0.0082%<\/td>\n1,036.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.57%<\/td>\n4.61%<\/td>\n535,810<\/td>\n16.19<\/td>\n7<\/td>\n-0.0229%<\/td>\n1,036.4<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n
Major Price Changes<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
There were no index-included issues with major price changes today.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nVolume<\/td>\nNotes<\/td>\n<\/tr>\n
LBS.PR.A<\/td>\nSplitShare<\/td>\n122,500<\/td>\nRecent new issue<\/a>, tops the charts for the fourth straight day despite being a split share – even accounting for the lower price per share, dollar volume is still impressive. And this note is getting boring, although it’s easy to write.<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetualDiscount<\/td>\n19,500<\/td>\nA narrow range, as befits a sleepy day … it closed at 24.50-55, 19×17, with a high-price of 24.55 and a low price of 24.50.<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nPerpetualPremium<\/td>\n15.700<\/td>\nPays $1.375 and isn’t callable until 2012 – and there’s no declining call period on this one. YTW is 3.92%, based on the bid price of $27.13 and a call in November, 2012. A little expensive, I say … but there’s a lot of interest-rate-protection that comes with the high dividend, so pays yer money and takes yer chances!<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetualDiscount<\/td>\n14,150<\/td>\nAnother issue trading in a narrow range, with the closing quote of $24.85-90 also representing the high and low.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n13,420<\/td>\nShockingly, the closing quote of 24.66-74 was inside the day’s high & low (24.75 & 24.63).<\/td>\n<\/tr>\n<\/table>\n

There were two other index-included issues trading over 10,000 shares today.<\/p>\n

Doesn’t anybody ever take a view any more?<\/p>\n","protected":false},"excerpt":{"rendered":"

Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version Index Mean Current Yield (at bid) Mean YTW Mean Average Trading Value Mean Mod Dur …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-196","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=196"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/196\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}